As part of the acquisition, Cawley Partners plans to spend $3 million in upgrades to the property, including the lobby, restrooms, landscaping and parking.

Cawley Partners has been busy on the Dallas North Tollway, with plans to break ground on Legacy Center, a 175,000-sf planned office building at the northwest corner of Legacy Dr. and Hedgcoxe Rd. in Plano.

The developer is also working on Knoll Trail Plaza and Tollway Center, a proposed 200,000-sf project at the south side of Belt Line Rd. and the Dallas North Tollway that is expected to start January 2015.